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Bitcoin ETF High Volume Doesn't Always Mean Heavy Buying: NYDIG

The "turnover ratio" offers an indication of the proportion of a fund's assets traded each day.

By Helene Braun|Edited by Stephen Alpher

Updated Mar 8, 2024, 10:10 p.m. Published Feb 26, 2024, 6:57 p.m.

Scrabble letters spelling ETF arranged a rack — While high trading volume in the new spot bitcoin ETFs is commonly thought to indicate strong investor buying interest, it may not necessarily be so, according to a NYDIG report. (Markus Winkler/Pixabay)